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Housing in Cypress Lake

386 homes sold in Cypress Lake in the last year, at a typical $213K

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cypress Lake homes are listed.

Homes sold
386
October 2025 to September 2026
Typical sale price
$213K
houses $316K · condos $186K (year to May 2026)
Price per square foot
$168
Florida $243
Paid vs. asking
94.6%
3% sold over asking
For sale now
184
September 2026 · 22 sold that month
What sold · last 12 months

61% of Cypress Lake’s sales are condos, at $130K less than a house

70 houses and 207 condos sold in the year to May 2026. Houses sell faster.

Houses$316K

typical sale · 70 sold in the year to May 2026

Per square foot
$208FL $245
Days to sell
43
Sold over asking
7%
Listings with a price cut
32%
Condos$186K

typical sale · 207 sold in the year to May 2026

Per square foot
$166FL $262
Days to sell
92
Sold over asking
2%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $220K
Townhouses: 64 sold, typical $203K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than before 2022, at 1.4 times the 2016 price

386 sales in the last year, against 589 in 2021 and a low of 306 in 2025. The typical sale went from $148K in 2016 to $213K.

Homes soldTypical sale price
0150300450600$150K$200K$250K$300K2016: 491 sold, typical $148K’162017: 495 sold, typical $143K2018: 517 sold, typical $154K’182019: 583 sold, typical $157K2020: 542 sold, typical $164K’202021: 589 sold, typical $192K2022: 483 sold, typical $270K’222023: 374 sold, typical $265K2024: 362 sold, typical $257K’242025: 306 sold, typical $225KLast 12 months: 386 sold, typical $213KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $200K buys in Cypress Lake

Houseat $208 a sq ft, year to May 2026
Condoat $166 a sq ft, year to May 2026
The same money in Floridaat $245 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Cypress Lake homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Cypress Lake are back to pre-pandemic levels, with about as many homes for sale

We read every month of Cypress Lake’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 386 sales.

If you’re buying in Cypress Lake

  • Shop in February. It brings about 64 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Offer under asking. Buyers paid 94.6% of the list price on average; 3% paid over.
  • You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 71 days.
Best time to buy

Winter brings the homes; spring brings the bidding wars

January has the most new listings (about 68 a month), but May is the most competitive: 16% of May sales close over asking. September has the least competition (10%).

New listings a monthShare sold over asking
017.53552.5707%13%20%Sweet spotJan: 68 new listings a month, 12% sold over asking, 35 days to sellJFeb: 64 new listings a month, 11% sold over asking, 45 days to sellFMar: 61 new listings a month, 11% sold over asking, 44 days to sellMApr: 53 new listings a month, 15% sold over asking, 36 days to sellAMay: 48 new listings a month, 16% sold over asking, 35 days to sellMJun: 41 new listings a month, 14% sold over asking, 50 days to sellJJul: 41 new listings a month, 11% sold over asking, 52 days to sellJAug: 41 new listings a month, 12% sold over asking, 52 days to sellASep: 43 new listings a month, 10% sold over asking, 46 days to sellSOct: 53 new listings a month, 13% sold over asking, 41 days to sellONov: 50 new listings a month, 12% sold over asking, 44 days to sellNDec: 39 new listings a month, 12% sold over asking, 41 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Florida

Cypress Lake now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price3%5%33%9%
Gone within two weeksShare of homes under contract within 14 days20%22%62%21%
Price paid vs. askingAverage sale price ÷ list price94.6%95.7%99.7%96.4%
Days to sellMedian days from listing to contract71571175
Supply

194 homes for sale on a typical day

That’s 4.9 times the 2021 low (40) and 14% more than in 2017–19.

2016: 128 for sale’162017: 144 for sale2018: 192 for sale2019: 174 for sale’192020: 115 for sale2021: 40 for sale2022: 47 for sale’222023: 123 for sale2024: 228 for sale2025: 238 for sale’25Last 12 months: 194 for saleNow
Prices by type

Since 2019, houses are up 41%, condos 36%

A house typically sold for $316K in the year to May 2026 (70 sales), a condo for $186K (207).

$175K$250K$325K$400K201520172019202120232025NowHouses 2015: $200K, 70 salesHouses 2016: $210K, 120 salesHouses 2017: $220K, 112 salesHouses 2018: $227K, 115 salesHouses 2019: $225K, 124 salesHouses 2020: $246K, 122 salesHouses 2021: $309K, 123 salesHouses 2022: $362K, 136 salesHouses 2023: $333K, 119 salesHouses 2024: $327K, 132 salesHouses 2025: $303K, 85 salesHouses last 12 months: $316K, 70 salesHouses $316KCondos 2015: $113K, 174 salesCondos 2016: $121K, 309 salesCondos 2017: $124K, 327 salesCondos 2018: $133K, 355 salesCondos 2019: $137K, 400 salesCondos 2020: $143K, 358 salesCondos 2021: $165K, 392 salesCondos 2022: $236K, 302 salesCondos 2023: $235K, 224 salesCondos 2024: $221K, 184 salesCondos 2025: $190K, 179 salesCondos last 12 months: $186K, 207 salesCondos $186K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Florida

Cypress Lake ranks 479th of 542 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cypress Lake is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cypress Lake home costs about $1,221 a month

Mortgage
Property tax
Insurance
Rent

Price: Cypress Lake’s typical sale, last 12 months. Property tax at Cypress Lake’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cypress Lake is affordable on local pay is on Cost of living.

Before you buy in Cypress Lake

Six things worth knowing

68

New listings in January

The month with the most choice. December has the fewest, about 39.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $213K home, about $1,310 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Cypress Lake, from test results, graduation and how much students grow.

Schools in Cypress Lake
25 min

Typical commute

The average one-way trip to work for people who live in Cypress Lake.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Villas and Pine Manor sell for less a square foot; McGregor, Iona and San Carlos Park for far more

The busier markets within 25 miles of Cypress Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Iona481$335K$2223%87
Cypress Lake386$213K$1683%71
Villas284$203K$1546%66
San Carlos Park210$354K$23911%35
McGregor184$413K$2185%97
Whiskey Creek120$347K$2018%62
Pine Manor24$247K$1604%50

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cypress Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cypress Lake. People who follow the town see it, and so do people comparing Cypress Lake with their own town. No commission, no listing fee.

Questions about buying a home in Cypress Lake

What do homes sell for in Cypress Lake, FL?

386 homes sold in the year to September 2026 at a typical $213K, $168 a square foot. Houses sold for about $316K, condos for about $186K in the year to May 2026.

Is Cypress Lake a buyer’s or seller’s market?

A buyer’s market: 184 homes were for sale in September 2026 and 22 sold, about 8.1 months of supply. Buyers paid 94.6% of asking on average.

When is the best time to buy in Cypress Lake?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cypress Lake?

About 0.6% of a home’s value a year. On a $213K home that’s near $1,310.

Where can I see homes for sale in Cypress Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Cypress Lake’s MLS listings; the search links above open each one filtered to Cypress Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).